Futures on the CAC40, jumping 70 points to 7486, augur a cheerful start to the session in Paris, as the scenario of a fairly clear-cut victory for the Republicans seems for the time being to be taking shape on the other side of the Atlantic.

At the time of writing, the New York Times gives Donald Trump a 93% chance of winning a second term, and predicts that the Republican Party will take control of both houses of Congress", points out Panmure Liberum.

"Against this backdrop, US indices reacted positively, with the S&P 500 up by more than 1%. But it is above all the Russell 2000, which groups US small caps, that stands out', notes Saxo Bank.

'In Europe, the reaction is more moderate: fears of an aggressive trade policy and geopolitical tensions, notably due to changes in NATO policy, are weighing on the indices', continues the Danish bank.

While investors' attention is likely to remain focused on the US elections this morning, they will also be taking note of a number of macroeconomic data in Europe, including the composite PMI indices for October.

In Paris stock news, Crédit Agricole reports a 10.9% increase in underlying net income for the third quarter of 2024, highlighting growth in its savings management and insurance business.

Tuesday evening's and this morning's trading highlights also include investment company Eurazeo, chemical companies Solvay and Arkema, renewable energies producer Neoen and credit insurer Coface.

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